New Concord, Ohio is a small city located in Muskingum County. It is home to around 2,500 people and is a great place to live due to its low cost of living. The average rent for a two bedroom apartment is $820 per month, which is much lower than the national figure of $1,430. Similarly, grocery prices are also lower with an index score of 97 against 100 nationally. The town boasts many well-known businesses such as Nestle Purina PetCare Company and GSW Manufacturing Inc., providing further employment opportunities for residents. Overall, New Concord offers small-town charm and affordability which make it an attractive place to live and work.
New Concord has an unemployment rate of 5.1%. The US average is 6.0%.
New Concord has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for New Concord
- The Sales Tax Rate for New Concord is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Concord is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Concord
- The average income of a New Concord resident is $16,210 a year. The US average is $28,555 a year.
- The Median household income of a New Concord resident is $64,318 a year. The US average is $69,021 a year.